A Varun Shipping aframax tanker arrested in Singapore in May this year is finally set to be sold via auction next month.

The Singapore admiralty sheriff said he has invited interested parties to bid for the 106,000-dwt Ocean Mare (ex-Amba Bhargavi, built 2006).

Potential purchases have until 15:00 on 4 October 2016 to submit their bids for the Hyundai Samho Heavy Industries-built ship.

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